Short Interest in PURE Bioscience, Inc. (OTCMKTS:PURE) Declines By 75.7%

PURE Bioscience, Inc. (OTCMKTS:PUREGet Rating) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 9,200 shares, a decrease of 75.7% from the March 31st total of 37,800 shares. Based on an average daily volume of 115,200 shares, the short-interest ratio is presently 0.1 days.

OTCMKTS PURE remained flat at $$0.17 on Friday. 30,595 shares of the company’s stock were exchanged, compared to its average volume of 42,575. PURE Bioscience has a twelve month low of $0.16 and a twelve month high of $0.65. The stock has a 50 day moving average price of $0.19 and a 200-day moving average price of $0.24.

PURE Bioscience (OTCMKTS:PUREGet Rating) last released its quarterly earnings data on Tuesday, March 15th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $0.42 million for the quarter. PURE Bioscience had a negative net margin of 130.17% and a negative return on equity of 107.81%.

PURE Bioscience Company Profile (Get Rating)

PURE Bioscience, Inc develops and commercializes antimicrobial products that provide solutions to the health and environmental challenges of pathogen and hygienic control in the United States and internationally. The company manufactures and distributes silver dihydrogen citrate (SDC), a non-toxic antimicrobial agent, which offers residual protection, as well as formulates with other compounds.

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